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Improving the Efficiency of Economic Activity in the Context of Migration

Author

Listed:
  • Florian Guramulta

    (Advanced Studies, Romanian Academy, Calea Victoriei, Bucharest, Romania))

Abstract

This paper highlights the fact that in the context of the tumultuous events we are experiencing, individual shave to face realities where they are confronted with various choices, among which we mention either a higher income, where tasks are extremely difficult and spare time becomes less, or a lower income withmore leisure time. In any case, between the two maximal points, a company operating within an economy must acquire the production factors that will be used to obtain the necessary goods and services. As part of the population chooses to look for better earnings, may it be in their country or abroad, there is a phenomenon of massive departures to areas where earnings are higher, while there is an increased lack of labour factorin the home states. In the period between the end of 2007 and the beginning of 2008, when the economic and financial crisis wastriggered, until the present day, people have been trying to find solutions to keep up with the labour shortages that have occurred mainly in Eastern European countries, but not only. Against the background of the crisis and economies with declining performances, birth rates did not increase enough to fill the deficits which are caused, among other causes, by the families’ lack of prospect in their home countries and taking into account the opportunities to leave and settle in states with stronger economies. There have been many cases when parents have left their children in the care of others who have not left the country (grandparents, other family members or others); these children were deprived of the affection needed for a harmonious development, therefore patriotism was weakened, as the parents’ example was more powerful than any patriotic exhortation. Considering these circumstances, we must face the fact that these departures from the economy will become significant elements to be taken into account in the future. One should also consider that the newcomers, the migrants, could supply for the employment shortage at equal or lower costs, which may contribute to the efficiency of economic activity.

Suggested Citation

  • Florian Guramulta, 2018. "Improving the Efficiency of Economic Activity in the Context of Migration," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 27(1), pages 30-37, December.
  • Handle: RePEc:but:manage:v:27:y:2018:i:1:p:30-37
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    References listed on IDEAS

    as
    1. Albu, Lucian-Liviu & Ghizdeanu, Ion & Iorgulescu, Raluca, 2011. "Analysing drivers of and barriers to the sustainable development: hidden economy and hidden migration," MPRA Paper 32810, University Library of Munich, Germany.
    2. Lucian Liviu Albu & Tiberiu Diaconescu, 2009. "Long-Term Correlations Between Demographic Variables And Economic Growth," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 4(4), pages 5-28, december.
    3. Albu, Lucian-Liviu & Diaconescu, Tiberiu, 2009. "Simulation on long-term correlation between demographic variables and economic growth," MPRA Paper 33003, University Library of Munich, Germany.
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